FCF CFO sells 2,072 shares in open-market trades
First Commonwealth Financial EVP and CFO James R. Reske reported open-market sales of company stock.
Rhea-AI Filing Summary
First Commonwealth Financial EVP and CFO James R. Reske reported open-market sales of company stock. On June 5, 2026, he sold a total of 2,072 shares of common stock in multiple transactions at prices between $18.87 and $19.02 per share, and now directly holds 79,276 common shares.
He also holds service-based restricted stock units from awards granted in 2024, 2025, and 2026. These units are convertible into 6,850, 7,300, and 8,000 shares of FCF common stock, respectively, on a 1-for-1 basis at the end of their three-year vesting periods.
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Insider Trade Summary 10b5-1
Net Seller: 2,072 shares
Net Sell
14 txns
Insider
Reske James R
Role
EVP/Chief Financial Officer
Sold
2,072 shs ($39K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 200 | $18.87 | $4K |
| Sale | Common Stock | 200 | $18.92 | $4K |
| Sale | Common Stock | 100 | $18.925 | $2K |
| Sale | Common Stock | 608 | $18.93 | $12K |
| Sale | Common Stock | 100 | $18.935 | $2K |
| Sale | Common Stock | 300 | $18.94 | $6K |
| Sale | Common Stock | 153 | $18.945 | $3K |
| Sale | Common Stock | 300 | $18.95 | $6K |
| Sale | Common Stock | 100 | $18.97 | $2K |
| Sale | Common Stock | 1 | $19.015 | $19.02 |
| Sale | Common Stock | 10 | $19.02 | $190.20 |
| holding | Restricted Stock Units-Service Based | -- | -- | -- |
| holding | Restricted Stock Units-Service Based | -- | -- | -- |
| holding | Restricted Stock Units-Service Based | -- | -- | -- |
Holdings After Transaction:
Common Stock — 79,276 shares (Direct);
Restricted Stock Units-Service Based — 22,150 contracts (Direct)
Footnotes (3)
- F1. Award in 2024 of service based stock units convertible into shares of FCF common stock on a 1-for-1 basis at the end of a 3 year vesting period.
- F2. Award in 2025 of service based stock units convertible into shares of FCF common stock on a 1-for-1 basis at the end of a 3 year vesting period.
- F3. Award in 2026 of service based stock units convertible into shares of FCF common stock on a 1-for-1 basis at the end of a 3 year vesting period.
Key Figures
Common shares sold: 2,072 shares
Sale price range: $18.87–$19.02 per share
Shares held after sales: 81,148 shares
+3 more
6 metrics
Common shares sold
2,072 shares
Open-market sales on June 5, 2026
Sale price range
$18.87–$19.02 per share
Open-market sales on June 5, 2026
Shares held after sales
81,148 shares
Direct common stock holdings after transactions
2024 RSU underlying shares
6,850 shares
Service-based RSUs, 1-for-1 after 3-year vesting
2025 RSU underlying shares
7,300 shares
Service-based RSUs, 1-for-1 after 3-year vesting
2026 RSU underlying shares
8,000 shares
Service-based RSUs, 1-for-1 after 3-year vesting
Key Terms
Restricted Stock Units-Service Based, open-market sale, 1-for-1 basis, vesting period, +1 more
5 terms
Restricted Stock Units-Service Based financial
"security_title: "Restricted Stock Units-Service Based""
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
1-for-1 basis financial
"convertible into shares of FCF common stock on a 1-for-1 basis"
vesting period financial
"at the end of a 3 year vesting period"
A vesting period is the set amount of time someone must wait before they fully own granted shares, stock options, or other equity tied to their work or an agreement; ownership increases gradually or in steps during that time. Investors care because vesting determines when insiders or employees can sell shares, which affects future supply of stock, company incentives and executive retention—think of it like unlocking ownership over installments rather than receiving it all at once.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FCF CFO James R. Reske report?
James R. Reske reported selling 2,072 shares of First Commonwealth Financial common stock in multiple open-market transactions on June 5, 2026, at prices between $18.87 and $19.02 per share. These sales were disclosed in a Form 4 insider trading report.
What restricted stock units (RSUs) does the FCF CFO currently hold?
James R. Reske holds service-based RSU awards from 2024, 2025, and 2026 that are each convertible into FCF common stock on a 1-for-1 basis. They cover 6,850, 7,300, and 8,000 underlying shares, respectively, after completing three-year vesting periods.
Does the FCF Form 4 show any option exercises or tax withholdings?
The Form 4 shows only open-market sales of common stock and holdings of service-based restricted stock units. It does not report any option exercises, tax-withholding share dispositions, or other derivative transactions in this particular filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
